X Square Robot raises several hundred million yuan in Series A funding led by Meituan

Square Robot is a Chinese robotics company that announced today its latest Series A financing round led by Meituan Strategic Investment has earned the startup several hundred millions yuan. The funds will be used for the development of Square Robot’s robotic systems and embodied intelligence models, as well as to support the deployment smart solutions in multiple future scenarios. X Square Robot, founded in December 2023 less than two years earlier, is dedicated to the development of general-purpose embodied AI powered by real-world datasets. The company intends to build robots that can perform precise and complex tasks. X Square Robot, in the short time it has been around, has raised over $141 million through seven funding rounds.[in Chinese]